{ "ticker": { "uuid": "ca228f9d-9b6f-4e0f-a2a8-15579d685f3f", "symbol": "SNFE", "name": "Leverage Shares -1x Netflix ETP Securities", "exchange": "LSE", "country": "GB", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FTSE", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 91.059, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 65.034, "architecture_energy": 65.965, "architecture_maturity": 29.614, "architecture_confidence": 85.965, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 18.15, "rotation_up": 63.34, "upward_expansion": 83.0, "deceleration": 65.85, "rotation_down": 18.83, "downward_expansion": 12.0 }, "activity_lines": [ 3.63, 3.583455, 3.370286, 3.249484 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.5 }, "latest_close": 3.49, "trend_reference": 3.158333, "distance_from_trend": 0.105013, "trend_direction": "Improving", "fair_value": 4.258941, "distance_from_fair_value": -0.180548, "fair_value_direction": "Improving", "relative_strength": 11.152998, "relative_strength_direction": "Improving", "price_momentum": 0.051205, "excess_performance": -3e-05, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.105013, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.08422, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.180548, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.184252, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.11153, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.05553, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.051205, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.0, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 4.0, "dry_up": 0.108696, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.040555, "annualized_volatility": 0.412237, "from_high_reference": -0.102828, "from_low_reference": 0.558036 }, "levels": { "trend_reference": 3.158333, "fair_value_reference": 4.258941, "structural_low": 2.46, "invalidation": "A renewed decline below the 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"relative_strength": 21.260197, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.5986, "energy": 94.361762, "activity_lines": [ 3.486, 3.354, 3.145238, 3.103032 ] }, { "date": "2026-07-17", "close": 3.84, "volume": 0, "typical_volume": 3.45, "trend": 3.096333, "fair_value": 4.342427, "relative_strength": 27.555638, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.239551, "energy": 97.421415, "activity_lines": [ 3.618667, 3.463091, 3.224143, 3.153118 ] }, { "date": "2026-07-24", "close": 3.75, "volume": 1, "typical_volume": 3.5, "trend": 3.124667, "fair_value": 4.314494, "relative_strength": 22.259182, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.811516, "energy": 91.821359, "activity_lines": [ 3.682667, 3.539818, 3.289714, 3.19529 ] }, { "date": "2026-07-31", "close": 3.62, "volume": 0, "typical_volume": 3.5, "trend": 3.145333, "fair_value": 4.287788, "relative_strength": 16.105377, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.917272, "energy": 82.529769, "activity_lines": [ 3.680667, 3.579455, 3.338, 3.227247 ] }, { "date": "2026-08-07", "close": 3.49, "volume": 0, "typical_volume": 2.3, "trend": 3.158333, "fair_value": 4.258941, "relative_strength": 11.152998, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.033722, "energy": 65.96521, "activity_lines": [ 3.63, 3.583455, 3.370286, 3.249484 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }